Edit Your Comment
What is your daily target??
會員從May 04, 2015開始
8帖子
Jun 09, 2015 at 06:51
會員從May 04, 2015開始
8帖子
Hi:
Just curious about how you all set targets. I personally try to make 2% per day with minimal risk.
How do you all set your targets?? I know some people may set goals based on number of pips made and others may use percentages, I know this would also depend on the lot sizes used plus the size of the account.
Hoping to hear what works for you all.
Just curious about how you all set targets. I personally try to make 2% per day with minimal risk.
How do you all set your targets?? I know some people may set goals based on number of pips made and others may use percentages, I know this would also depend on the lot sizes used plus the size of the account.
Hoping to hear what works for you all.
Jun 09, 2015 at 09:19
會員從May 11, 2011開始
71帖子
Freerenkosignals posted:
Hi:
Just curious about how you all set targets. I personally try to make 2% per day with minimal risk.
How do you all set your targets?? I know some people may set goals based on number of pips made and others may use percentages, I know this would also depend on the lot sizes used plus the size of the account.
Hoping to hear what works for you all.
imho 2 % with minimum risk ist in a long term not possible. If I can achieve 5 to 10 % per month in a consistent way I will be very happy.
會員從Apr 04, 2010開始
14帖子
Jun 09, 2015 at 18:14
(已編輯Jun 09, 2015 at 18:15)
會員從Apr 04, 2010開始
14帖子
Met a guy with a very interesting outlook. Just make 10pips = 1% of your account value and make 10 pips per day - day in and day out.
Another thing with FX. All traders want the same thing. Profit. Lets say this profit is $150k/year regardless of strategy or account balance.
A guy with a $500 account needs to run more leverage or make more pips than a guy with a $50k account. This is a difference is not often taken into account. Building an account requires a very different set of skills compared to cruise control on a $50k account. More often than not I see guys who double or triple accounts inside of a month. Ask what their balance is and invariably they give you a sub $5,000 number. Guy is trading like a demon and barely making a living. Take that guy - give him $25k and tell him to slow down and make you 50% over 2 months and everyone will still come out a winner.
Another thing with FX. All traders want the same thing. Profit. Lets say this profit is $150k/year regardless of strategy or account balance.
A guy with a $500 account needs to run more leverage or make more pips than a guy with a $50k account. This is a difference is not often taken into account. Building an account requires a very different set of skills compared to cruise control on a $50k account. More often than not I see guys who double or triple accounts inside of a month. Ask what their balance is and invariably they give you a sub $5,000 number. Guy is trading like a demon and barely making a living. Take that guy - give him $25k and tell him to slow down and make you 50% over 2 months and everyone will still come out a winner.
If you like it, buy it. If you don't sell it.
Jun 12, 2015 at 08:48
會員從Apr 26, 2015開始
9帖子
I have always used a $ amount for the day. Stared with $20/day then 50-100-300 and $500. As my account grew, so did my confidence and daily target.
I need to get paid for my time and efforts. It's a job. You don't go to your boss and tell him 'oh whatever you feel like paying'.. or start the day with 'let's see how much I'll make today....'
It's all about the $. I am not here to stoke my ego with 'pips or percentages'.
I need to get paid for my time and efforts. It's a job. You don't go to your boss and tell him 'oh whatever you feel like paying'.. or start the day with 'let's see how much I'll make today....'
It's all about the $. I am not here to stoke my ego with 'pips or percentages'.
Make Money!
會員從May 04, 2015開始
8帖子
Jun 12, 2015 at 08:50
會員從May 04, 2015開始
8帖子
focusedfinance posted:
Met a guy with a very interesting outlook. Just make 10pips = 1% of your account value and make 10 pips per day - day in and day out.
Another thing with FX. All traders want the same thing. Profit. Lets say this profit is $150k/year regardless of strategy or account balance.
A guy with a $500 account needs to run more leverage or make more pips than a guy with a $50k account. This is a difference is not often taken into account. Building an account requires a very different set of skills compared to cruise control on a $50k account. More often than not I see guys who double or triple accounts inside of a month. Ask what their balance is and invariably they give you a sub $5,000 number. Guy is trading like a demon and barely making a living. Take that guy - give him $25k and tell him to slow down and make you 50% over 2 months and everyone will still come out a winner.
Well said, makes perfect sense. So by saying this it is agreed that trading a larger account is much easier than trading small accounts, certainly less stressful.
會員從Oct 02, 2014開始
909帖子
Jun 19, 2015 at 14:10
會員從Aug 09, 2011開始
21帖子
My EA target is 25% -30% for each movement.
https://www.myfxbook.com/members/StingRay/contest-stingray/1264807
https://www.myfxbook.com/members/StingRay/contest-stingray/1264807
financial freedom by using own hand make EA.
會員從Dec 09, 2011開始
75帖子
會員從May 20, 2011開始
724帖子
會員從May 20, 2011開始
724帖子
Jul 13, 2015 at 06:27
會員從Jan 05, 2015開始
32帖子
focusedfinance posted:
Met a guy with a very interesting outlook. Just make 10pips = 1% of your account value and make 10 pips per day - day in and day out.
Another thing with FX. All traders want the same thing. Profit. Lets say this profit is $150k/year regardless of strategy or account balance.
A guy with a $500 account needs to run more leverage or make more pips than a guy with a $50k account. This is a difference is not often taken into account. Building an account requires a very different set of skills compared to cruise control on a $50k account. More often than not I see guys who double or triple accounts inside of a month. Ask what their balance is and invariably they give you a sub $5,000 number. Guy is trading like a demon and barely making a living. Take that guy - give him $25k and tell him to slow down and make you 50% over 2 months and everyone will still come out a winner.
Do you know of a good pip calculator to figure 10 pips = 1% of your account value?
"Do or Do Not. There is No Try"....Yoda
會員從Sep 06, 2013開始
137帖子
Jul 13, 2015 at 12:32
會員從Sep 06, 2013開始
137帖子
I think a yearly target is a little more realistic - after all everyone will have loser weeks or months every now and then so in my opinion the bigger picture counts.
My personal target is 20% per year
My personal target is 20% per year
HOLY GRAIL: Fundamental Analysis to chose your pairs/direction, Technical Entry/SL/TP for consistent Management of those decisions
會員從Oct 11, 2013開始
775帖子
Jul 19, 2015 at 06:28
會員從Jul 13, 2015開始
1帖子
alexforex007 posted:I agree with you,only freshman make short term target,most of them will be washed out in one year. in the forex market, in general the more you trade, the quicker you become a losser.
In my humble opinion, I dont think it is a good idea to set a daily, weekly or monthly target, because you may be forced to take trades that may not fill your trading parameters or strategy.
*商業用途和垃圾郵件將不被容忍,並可能導致帳戶終止。
提示:發佈圖片/YouTube網址會自動嵌入到您的帖子中!
提示:鍵入@符號,自動完成參與此討論的用戶名。